Wedbush Downgrades Wingstop to Neutral, Lowers Price Target to $185
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has downgraded Wingstop (NASDAQ:WING) from Outperform to Neutral and lowered the price target from $240 to $185.

July 28, 2023 | 11:00 am
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Wingstop has been downgraded from Outperform to Neutral by Wedbush, with a lowered price target from $240 to $185.
The downgrade from Outperform to Neutral by Wedbush indicates a less optimistic outlook for the company's stock. The lowered price target from $240 to $185 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100